Stock Price & Analysis

Based on the provided data, here's a concise analysis of PEG stock:

Technical Analysis

The stock is currently trading at $88.05, showing a slight decline of -0.14% in the last regular market session. The RSI of 55.26 indicates neutral momentum, neither overbought nor oversold. The stock is trading above its 20-day moving average of $86.20, suggesting a short-term upward trend.

Fundamental Analysis According to recent reports, Public Service Enterprise Group is expected to report Q4 earnings of $0.83 per share on February 24, representing a 53.7% increase from the previous year. For fiscal 2024, analysts project EPS of $3.67, with further growth to $4.03 in fiscal 2025, indicating a healthy 9.8% year-over-year increase.

Insider and Institutional Activity Recent insider activity shows the Chair, Ralph A LaRossa, sold 1,378 shares on January 2, 2025. However, strong institutional interest is evident with 550 institutions increasing their positions while 441 decreased theirs in the last quarter.

Analyst Consensus Recent analyst actions show mixed but generally positive sentiment:

• Scotiabank maintains Hold with $86 price target
• Guggenheim reiterates Strong Buy
• Barclays maintains Buy with $88 target
• UBS maintains Hold with $98 target

Fibonacci Levels Current key levels:

• Resistance: R1 at $90.07, R2 at $91.89
• Support: S1 at $84.16, S2 at $82.34
• Pivot point: $87.11

Based on the technical and fundamental analysis, PEG shows positive momentum with strong institutional support and analyst backing. The stock appears positioned for moderate upside potential, making it a reasonable buy at current levels, particularly for investors seeking utility sector exposure with stable growth prospects.

Based on the provided data and market analysis, here is the price prediction for PEG stock in 2025:

PEG stock is expected to reach $94-96 by end of 2025, representing a 7-9% upside from current price of $88.05. The prediction is supported by three key factors:

1. Strong analyst consensus with average price target of $91.88 and positive ratings (10 "Strong Buys", 1 "Moderate Buy", 9 "Holds"). The company's core regulated utility business provides stable earnings growth potential.

2. Solid financial metrics with Q4 2024 EPS expected at $0.83, up 53.7% year-over-year, and fiscal 2025 EPS projected to grow 9.8% to $4.03. The company has maintained consistent dividend yields between 2.6-3.4%.

3. Technical analysis shows PEG trading in an upward channel between $84-90 support and $90-94 resistance levels, with positive momentum indicators suggesting continued uptrend.

The S1 support level for PEG Stock is $84.16 ,The R1 resistant level for PEG Stock is $90.07.

As of the end of day on 2025-01-24, the price of PEG Stock was $88.05.

The target price for PEG Stock according to analyst rating is 92.67, with the highest price target at 105.00 and the lowest at 84.00. Analysts have a Moderate Buy rating on PEG Stock overall.

The market cap of PEG is $43.9B.

Based on the provided data and current market conditions, here's a comprehensive analysis of PEG's valuation:

Current Valuation Metrics PEG's current valuation metrics show concerning signs of overvaluation based on multiple indicators. The stock's P/E ratio has increased significantly to 21.95 in Q3 2024, up from 18.47 in Q1 2024, indicating expanding valuation multiples.

Industry Comparison Compared to its utility sector peers, PEG trades at premium valuations across key metrics. The company's EV/EBITDA of 16.11 in Q3 2024 is notably higher than the industry average, suggesting a rich valuation relative to its earnings power.

Technical Analysis

Growth and Profitability While PEG maintains stable profitability with a net margin of 19.68% and ROE of 3.26%, these metrics don't justify the current premium valuation multiples, especially given the regulated nature of utility businesses that typically limits growth potential.

Market Position With a market cap of $43.87 billion, PEG ranks among the larger utilities but faces significant competition from peers like Dominion Energy ($44.92B) and PG&E ($44.18B), yet trades at higher multiples than many competitors.

The stock appears overvalued based on both absolute and relative valuation metrics, with current multiples significantly above historical averages and peer comparisons suggesting limited upside potential at current levels.

Public Service Enterprise Group Incorporated is a regulated infrastructure company focused on a clean energy future. The Company principally conducts its business through two wholly owned subsidiaries, Public Service Electric and Gas Company (PSE&G) and PSEG Power LLC (PSEG Power). The Company’s segments include PSE&G and PSEG Power. The PSE&G segment is engaged principally in the transmission of electricity and distribution of electricity and natural gas in certain areas of New Jersey. The PSE&G segment also invests in regulated solar generation projects and energy efficiency (EE) and related programs in New Jersey. The PSEG Power segment integrates the operations of its merchant nuclear generating assets with its fuel supply functions through energy sales via its principal direct wholly owned subsidiaries. The Company’s other wholly owned subsidiaries are PSEG Long Island LLC (PSEG LI), PSEG Energy Holdings L.L.C. (Energy Holdings), and PSEG Services Corporation (Services).

Based on the provided data and analysis, here is the price prediction for PEG stock by 2030:

Public Service Enterprise Group (PEG) stock is projected to reach $135-145 by 2030, representing a 53-65% upside from current price of $88.05. The forecast is supported by the company's strong regulated utility business model, clean energy transition plans, and expected 9.8% EPS growth to $4.03 in fiscal 2025.

The key drivers for this prediction include PEG's market-leading position in the Northeastern US utility sector, $43.9 billion market cap, and analysts' "Moderate Buy" consensus with 10 Strong Buys out of 20 analysts covering the stock. The company's focus on renewable energy projects and nuclear power generation positions it well for long-term growth in the clean energy transition.

PEG has a total of 12543 employees.